2002 Pew Global Attitudes survey shows that workers’ support for free trade decreases with age, which is a phenomenon previously unexplored by economists. We explore distributional effects of trade liberalization in particular age and gains from free trade, using a dynamic structural general...

Over the course of the recent liquidity crisis, the Federal Reserve made several changes to its primary credit lending facility such as narrowing the spread between the primary credit rate and the target funds rate, increasing the terms of lending, and widening the range of acceptable...